May had failed to win a parliamentary majority on Britain's withdrawal from the European Union.Europe Politicsread more
Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
China denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China's Huawei was lying about his company's ties to the...World Politicsread more
U.S. President Donald Trump on Thursday predicted a swift end to the ongoing trade war with China, although no high-level talks have been scheduled between the two countries.World Economyread more
President Donald Trump has threatened tariffs on another $300 billion worth of Chinese goods — but Chinese PC-maker Lenovo is prepared to shift its production if that happens,...Technologyread more
Indian Prime Minister Narendra Modi won a landslide re-election victory. That could see India taking a more assertive security stance.Asia Politicsread more
The Wall Street Journal and The New York Times, citing people familiar with the deal, reported that $30 million would go to plaintiffs and $14 million would be used to pay...Entertainmentread more
Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute...Earningsread more
Chinese technology giant Huawei has enough inventory to sustain its smartphone and 5G networking equipment business for most of the rest of the year, according to brokerage...Technologyread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
Despite a decline in global commercial real estate markets, Asia-Pacific continues to enjoy a record-breaking growth — thanks to China, according to the Global Capital Flows...Real Estateread more
Check out which companies are making headlines before the bell:
Lululemon — The yogawear maker reported adjusted quarterly profit of 30 cents per share, 1 cent a share below estimates. Revenue was above forecasts, but the company's raised full-year adjusted forecast of $2.02 to $2.15 a share is still below the current consensus of $2.16. Lululemon's bottom line has been impacted by higher costs.
Apple — Apple raised $1.38 billion in its first bond sale in Taiwan, according to the Taipei Exchange. The sale is about 40 percent larger than initially expected.
Yahoo — Yahoo is auctioning off about 3,000 patents in a sale that could raise more than $1 billion, according to The Wall Street Journal.
Polycom — The provider of voice and video conferencing solutions received an offer from a private-equity firm to be taken private for $12.25 per share, compared to Tuesday's close of $11.96. Polycom already has a deal in place to be acquired by Mitel and continues to support that deal.
Southwest Airlines — Southwest reported a 6.4 percent increase in revenue passenger miles for May compared to a year earlier. It also said it continues to expected a modest increase in current-quarter operating revenue versus a year ago.
Amazon.com — Chief Executive Officer Jeff Bezos said the online retail giant would invest an additional $3 billion in India, bringing its total investment in that country to more than $5 billion.
LendingClub — LendingClub's former CEO Renaud Laplanche has been speaking with private-equity firms about a potential takeover of the online lender, according to Reuters. Laplanche left LendingClub in May, following a probe that revealed falsified documentation regarding loans to an investor.
Dave & Buster's — The company reported quarterly profit of 72 cents per share, 13 cents a share above estimates, while the arcade and restaurant chain's revenue also beat forecasts. Dave & Buster's also raised its outlook for the year as well as announcing a $100 million stock buyback program. The company's results are being helped by the opening of a handful of new locations.
VeriFone — VeriFone missed estimates by 5 cents a share, with adjusted quarterly profit of 47 cents per share. The provider of payment technology did see its revenue come in above forecasts. VeriFone also issued a weaker-than-expected current-quarter outlook, and said it would commence a strategic review that will likely lead to job cuts.
Blackstone — Blackstone is in talks to buy insurance brokerage Acrisure for more than $2 billion, according to Reuters.
Valeant Pharmaceuticals — Valeant remains on our watch list this morning, a day after filing its delayed quarterly report and seeing its shares fall nearly 15 percent. The drugmaker's Chief Executive Officer Joseph Papa said he would focus on rebuilding Valeant's reputation, after the company slashed its early earnings and revenue forecast.
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